Values of the 2013 gt 500
#1
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Values of the 2013 gt 500
Any chance the gt 500 to have from an investment potential is the 2013 ?
It's now considered the most hp in a v8 , the first gt 500 to hit 200 miles per hour, plus the last car commissioned by Carol himself.
If we look at Ferrari as an example , the f40 followed the same pattern and has held is value very well...it's still a 600 grand car today 26 yrs later.
Any thoughts ?
It's now considered the most hp in a v8 , the first gt 500 to hit 200 miles per hour, plus the last car commissioned by Carol himself.
If we look at Ferrari as an example , the f40 followed the same pattern and has held is value very well...it's still a 600 grand car today 26 yrs later.
Any thoughts ?
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I think it depends on what comes down the road. F40 isn't a good comparison, they made 1,315 over 5 years, while the '13 GT500 will have at least 5K-7K made this year alone.
Mint and barely driven you might see a positive return in 30-40 years, and that's a big maybe. Buy 'em to drive 'em, document everything well, and if your heirs find it in reasonable condition under a tarp after you've turned to dust good for them.
Mint and barely driven you might see a positive return in 30-40 years, and that's a big maybe. Buy 'em to drive 'em, document everything well, and if your heirs find it in reasonable condition under a tarp after you've turned to dust good for them.
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I think 5-7 thousand cars sounds optimistic for this year.
They just started shipping, and with the premium from dealers, I doubt they will even sell close to that number , hence my thoughts , and why maybe the 13 could be a collector item type of car.
They just started shipping, and with the premium from dealers, I doubt they will even sell close to that number , hence my thoughts , and why maybe the 13 could be a collector item type of car.
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Any chance the gt 500 to have from an investment potential is the 2013 ?
It's now considered the most hp in a v8 , the first gt 500 to hit 200 miles per hour, plus the last car commissioned by Carol himself.
If we look at Ferrari as an example , the f40 followed the same pattern and has held is value very well...it's still a 600 grand car today 26 yrs later.
Any thoughts ?
It's now considered the most hp in a v8 , the first gt 500 to hit 200 miles per hour, plus the last car commissioned by Carol himself.
If we look at Ferrari as an example , the f40 followed the same pattern and has held is value very well...it's still a 600 grand car today 26 yrs later.
Any thoughts ?
#7
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So ?
A Shelby is a Shelby .... A zr1 is a zr1 .... The corvette zr1 convertible special edition has potential as well since its a unique and low production number car.
My question is about the thresholds of the new 2013 Shelby, and does it have the best potential of the modern Shelby line up to be the collector car.
This Shelby for mustang has hit a lot of the same points the f40 did for Ferrari.
A Shelby is a Shelby .... A zr1 is a zr1 .... The corvette zr1 convertible special edition has potential as well since its a unique and low production number car.
My question is about the thresholds of the new 2013 Shelby, and does it have the best potential of the modern Shelby line up to be the collector car.
This Shelby for mustang has hit a lot of the same points the f40 did for Ferrari.
#8
The comparison to Ferrari is going to be the problem for most of us.
The thresholds listed are important to 'only' the collector. I just don't see 4-7K GT500s produced in a year being the collector crop.
The stronger drive for appeal is access to these cars by the more common and average person. FORD will produce 'a lot' of 2013 GT500s enough that by volume there will be plenty of them to buy over the next 2-3 years. The bigger issue will be the success of the new chassis. Will buyers look back and say; 'that last SHELBY Carroll endorsed while he was alive was a sweet ride, I want to one' ... or will they say; 'this new Mustang GT is an excellent bang for the buck it performs as well if not better than that old 650hp SHELBY'.
Only if they made 2500 over the next two years and the performance of the future models takes a serious nose dive.
Best modern example would have to be the KR vs 2010 GT500. Remember that?
The thresholds listed are important to 'only' the collector. I just don't see 4-7K GT500s produced in a year being the collector crop.
The stronger drive for appeal is access to these cars by the more common and average person. FORD will produce 'a lot' of 2013 GT500s enough that by volume there will be plenty of them to buy over the next 2-3 years. The bigger issue will be the success of the new chassis. Will buyers look back and say; 'that last SHELBY Carroll endorsed while he was alive was a sweet ride, I want to one' ... or will they say; 'this new Mustang GT is an excellent bang for the buck it performs as well if not better than that old 650hp SHELBY'.
does it have the best potential of the modern Shelby line up to be the collector car.
Best modern example would have to be the KR vs 2010 GT500. Remember that?
Last edited by ~SMOKE~; 7/15/12 at 08:26 AM.
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Example:
1970 Plymouth Hemicuda - 652 total USA cars - 284 4-speeds - 368 Automatics - 44 Canadian
1970 Plymouth Hemicuda Convertible- 14 total USA cars - 5 4-speeds - 9 Automatics - 3 Canadian - 1 Export
1971 Plymouth Hemicuda - 107 total USA cars - 59 4-speeds - 48 Automatics - 11 Canadian
1970 Plymouth Hemicuda Convertible- 7 total USA cars - 2 4-speeds - 5 Automatics - 2 Canadian - 2 Export
These cars were only produced for 2 years.
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If you think you are going to make money on a 2013 GT500 in the next 20-30 years you are a fool investor.
VERY, VERY few cars make money. They are in fact one of the worst "investments" you can make. Many people spend more money in a 30 year period on (and in upgrades/modifications) to their cars as they do their home.
Do yourself a favor, if you want to make a 20 or 30 year investment and have $60k burning a hole in your pocket you'd make much more with a simple CD at 4% in that 30 years than you'll probably ever make on any car you can get your hands on for $60k now.
If you want to spend that $60k on a car, but have a blast with it for the next 3,5,10 years+, get the GT500 and don't worry about "investment".
VERY, VERY few cars make money. They are in fact one of the worst "investments" you can make. Many people spend more money in a 30 year period on (and in upgrades/modifications) to their cars as they do their home.
Do yourself a favor, if you want to make a 20 or 30 year investment and have $60k burning a hole in your pocket you'd make much more with a simple CD at 4% in that 30 years than you'll probably ever make on any car you can get your hands on for $60k now.
If you want to spend that $60k on a car, but have a blast with it for the next 3,5,10 years+, get the GT500 and don't worry about "investment".
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If you think you are going to make money on a 2013 GT500 in the next 20-30 years you are a fool investor.
VERY, VERY few cars make money. They are in fact one of the worst "investments" you can make. Many people spend more money in a 30 year period on (and in upgrades/modifications) to their cars as they do their home.
Do yourself a favor, if you want to make a 20 or 30 year investment and have $60k burning a hole in your pocket you'd make much more with a simple CD at 4% in that 30 years than you'll probably ever make on any car you can get your hands on for $60k now.
If you want to spend that $60k on a car, but have a blast with it for the next 3,5,10 years+, get the GT500 and don't worry about "investment".
VERY, VERY few cars make money. They are in fact one of the worst "investments" you can make. Many people spend more money in a 30 year period on (and in upgrades/modifications) to their cars as they do their home.
Do yourself a favor, if you want to make a 20 or 30 year investment and have $60k burning a hole in your pocket you'd make much more with a simple CD at 4% in that 30 years than you'll probably ever make on any car you can get your hands on for $60k now.
If you want to spend that $60k on a car, but have a blast with it for the next 3,5,10 years+, get the GT500 and don't worry about "investment".
Personally, I dont think 5,000 cars is a lot on a population of 7b and growing.
Last edited by BigR; 7/15/12 at 05:33 PM.
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#14
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Don't take this the wrong way, but it really doesn't matter what you think about the number of cars produced. The market will decide what a car is worth, and there will be a '14 shelby that is virtually identical to the '13. There isn't a huge market for these cars to begin with, which means it will probably be well-filled by the production of 5-7k cars. Over time, the vast majority will be used (lightly, but used nonetheless) and restoring one of these will cost a pretty penny. There will be enough of these around in 20 years that I doubt there will be any appreciation on them. Also, it needs to be considered that the fuel/petroleum situation may make these kinds of cars extinct before we bite the dust, making them less valuable. If you buy the car, as I am, drive it. It's a bad investment idea.
#15
VERY few modern cars have short-term investment potential. Even fewer even hold their value. Some, like GT500, will be "sought after" many years from now. Cars as investments is a very slippery slope indeed.
#16
The 2013 Shelby GT500 has the potential to turn into the 1969 / 1970 Shelby. With a major platform redesign looming in the very short future, these cars may be only a shadow of the new car to come. As mentioned before, by the time these are built & the new model is announced, these could be sitting on showroom floors waiting to be given away like the 1970 Shelby cars were.
The only real advantages for the 2013 /14 Shelby is that it was the last car Caroll had been associated with while he was alive & the 100 bhp increase over the previous year. If there is a new Shelby on the new platform, I'd think it'd have a similar or better powerplant. So the extra 100 bhp wouldn't really be a factor.
The only real advantages for the 2013 /14 Shelby is that it was the last car Caroll had been associated with while he was alive & the 100 bhp increase over the previous year. If there is a new Shelby on the new platform, I'd think it'd have a similar or better powerplant. So the extra 100 bhp wouldn't really be a factor.
#17
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It will likely be a year or two, possibly three, before the next gen Shelby shows up. I don't think there will be any '13s or '14s left waiting to be given away. I also VERY seriously doubt ford ever puts 650+ HP in a car again. The new cafe laws are going to make that kind of power a thing of the past. That's why this car, having as much HP as it does, is noteworthy to say the least. I'm sure Shelby American will be happy to up the HP, but don't expect it to come that powerful from the factory.
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Now that Carroll Shelby is gone, I wonder how much the Shelby name will add to the value of future cars from Ford? Will Ford continue to make Shelby's or will they simply be called Cobras, SVT's or GT whatevers?
#19
I guess that would depend on the licensing contract between Shelby & Ford. Did Caroll own the licensing rights to the Shelby name or is it owned by the company?
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will the value spike last? or will the lack of mr shelbys presents take away value from future cars? The problem I am seeing is that everyone keeps looking at this like hes an artist when in fact hes a designer at best. Cars can be art but this is not what Mr shelby added to the car. I believe it will only hurt long term values on the new cars. Art increase in value because the artist is dead and cannot make anymore art. Since ford will still make new shelbys it really hasnt had an effect on the output(infact they will be makign more and selling more then ever). Now if ford never made a new shelby and stopped the day he died that would of helped values.